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  • IronFX UUIIFXBR
    Forex » IronFX Daily Commentary | 30/03/15
    IronFX - March 30, 2015, 09:25 GMT

    • Dollar generally higher despite lower US rates The dollar was opening higher in Europe against almost all the G10 currencies and the EM currencies that we track even though Fed funds rate expectations ended the day lower Friday and bond yields declined somewhat. Fed Chair Janet Yellen Friday said “conditions may warrant an increase

  • XM Markets UUIIFXBR

    Fed Chair Janet Yellen struck a cautious tone during a speech late on Friday at a San Francisco Federal Reserve event, stressing that although interest rates would need to rise at some point this year, she saw a “gradual” rise for them after that.  Yellen repeated the latest message by Fed speakers that a judgement would be taken at each separate meeting of the

  • Anna Coulling

    It was another roller-coaster ride for US equities last week, with Wednesday’s dramatic move lower on global tensions in the Yemen, reversing at a stroke the gains of earlier in the month. Thursday’s price action then confirmed the short term … Continue reading →

  • FXTM UUIIFXBR
    Forex » Yemen, Iran and the price of oil
    FXTM - March 30, 2015, 08:42 GMT

    Although the oil bulls attempted to use the news regarding a Saudi Arabian led coalition launching airstrikes in Yemen as a reason to push oil prices higher, the commodity has

  • Fx Pro UUIIFXBR
    Forex » Greece continues to disappoint EU
    Fx Pro - March 30, 2015, 08:40 GMT

    A shortened week but despite it being Good Friday this week with most markets closed for a long holiday week end (apart from FX which remain open), the US nonfarm payroll figures are still due to be released. Ahead of then pressure continues to grow on Greece to submit a meaningful plan for economic reform

  • JFD Brokers UUIIFXBR

    All eyes this week will be on the US jobs report which is seen as a key for the Fed’s potential rate hike in June. However, there are many factors to consider for a possible hike by the Fed, as recent developments in the US economy are not in line with the Fed’s preferences (i.e.

  • XM Markets UUIIFXBR
    Forex » FX Daily Outlook
    XM Markets - March 30, 2015, 07:50 GMT

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  • XM Markets UUIIFXBR

    The US dollar was managing to hold off its recent lows, even after Fed Chair Janet Yellen struck a rather dovish tone during a speech at a San Francisco Fed event late Friday.  The Fed Chief advocated a “gradualist” approach to raising interest rates and sounded a note of caution against hiking rates too fast too quickly.  Yellen felt unemployment had room

  • XM Markets UUIIFXBR

    AUDUSD failed to break above the Ichimoku cloud and has been falling gradually from 0.7937 (the peak of March 24). This resistance level is where the 61.8% Fibonacci retracement lies (of the upleg from 0.6008 to 1.1078).  A break below the multi-year low of 0.7559 would open the path towards 0.7088. This is the 78.6% Fibonacci retracement level. AUDUSD maintains a bearish

  • FXTM UUIIFXBR
    Forex » EUR/USD slips on Greece concerns
    FXTM - March 30, 2015, 05:46 GMT

    EUR/USD drifted lower in Asia after opening at 1.0885, moving further away from Friday’s high of 1.0950. The pair touched a low of 1.0855. Weighing on the euro are concerns